Additional Comments: If I could get no LEDs that would be nice. I like a dark room. A plain professional case is preffered.
I was going to go with a Sandy Bridge I3 and a AMD 6850 and a 450W-500W power supply. That way I could squeeze in a nicer LGA 1155 motherboard to possibly upgrade to Ivy Bridge I5 and a better graphics card later on. I don't know if that is a good plan.
OP - One of the best builds I can remember seeing out of a new poster.
All I would say is if you don't want to upgrade you can drop $50ish off the price of the motherboard and get a gigabyte micro board instead and then increase the processor to an it-2400 like somekid said.
The Asus CD drive is very good, but some other company might have a better deal on a worse CD drive if it has free shipping. The $8 shipping on the Asus drive right now is painful on a $19 object. Glad I got mine of those during a free shipping deal.
Other than that, I would keep all the stuff you suggested the same.